ACTIVE

Manthydro

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Financial year 2025 · closed on 31/12/2025

Net result

8 k €

-82.1% YoY

Gross margin

492,6 k €

-17.1% YoY

Equity

803,3 k €

-40.2% YoY

Workforce

5,0 ETP

+2.0% YoY

What does Manthydro do?

Manthydro is a Public limited company incorporated in 1968. Its main activity is: Wholesale of machine tools. Its registered office is in Flémalle. It employs on average 5,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0403.965.111

Incorporation

01/01/1968

Legal form

Public limited company

Registered office

Rue de la Digue 4
4400 Flémalle · WallonieSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Average workforce

5,0 ETP

Activities (NACE)

46620Wholesale of machine tools· main 46620Wholesale of machine tools 46649Wholesale of machinery for the textile industry and of sewing and knitting machines 46699Wholesale of other machinery and equipment 51810Air transport 51872Air transport

Joint committees (3)

14904
200
218

Contacts

3 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	492,6 k €	-17.1%	594 k €	+7.9%	550,2 k €	-11.2%	620 k €	+4.4%	594,1 k €	+52.8%	388,8 k €	-38.1%	628,4 k €	+2.0%	616,3 k €	+0.1%	615,6 k €	+4.9%	586,6 k €	+14.3%	513,4 k €	+15.8%	443,3 k €	+1.8%	435,4 k €	+3.1%	422,5 k €	-18.3%	517,1 k €	+38.6%	373,1 k €	+300%	93,2 k €	-82.7%	540 k €	+2.2%	528,4 k €	+14.1%	463 k €
EBITDA	125,9 k €	-48.8%	245,8 k €	+20.0%	204,8 k €	-5.5%	216,6 k €	-11.1%	243,6 k €	+206%	79,5 k €	-65.4%	229,7 k €	-15.2%	270,8 k €	+15.2%	235 k €	-8.5%	256,9 k €	+46.5%	175,3 k €	+12.0%	156,5 k €	+12.8%	138,8 k €	+261%	38,4 k €	-70.8%	131,7 k €	+1792%	-7,8 k €	+97.3%	-286,4 k €	-307%	138,1 k €	-17.0%	166,4 k €	+92.2%	86,6 k €
Operating result	84,2 k €	+2.2%	82,4 k €	+16.8%	70,6 k €	-13.6%	81,7 k €	-22.7%	105,7 k €	+297%	-53,7 k €	-169%	77,7 k €	-38.9%	127 k €	+33.9%	94,8 k €	-17.9%	115,6 k €	-10.7%	129,4 k €	+4.3%	124 k €	+17.6%	105,5 k €	+1219%	8 k €	-91.3%	91,6 k €	+324%	-40,8 k €	+84.6%	-264,8 k €	-301%	131,5 k €	-12.1%	149,5 k €	+92.6%	77,6 k €
Net result	8 k €	-82.1%	44,9 k €	+50.8%	29,8 k €	-20.6%	37,5 k €	-43.2%	65,9 k €	+171%	-93 k €	-541%	21,1 k €	-56.6%	48,6 k €	+8.0%	45 k €	-45.7%	82,9 k €	-89.0%	752,7 k €	+853%	78,9 k €	+39.3%	56,7 k €	+194%	-60,6 k €	-252%	39,8 k €	+145%	-89,2 k €	+68.7%	-285 k €	-300%	142,4 k €	+2.5%	138,9 k €	+132%	60 k €
Balance sheet
Equity	803,3 k €	-40.2%	1,3 M €	+3.5%	1,3 M €	+2.3%	1,3 M €	+3.0%	1,2 M €	+5.7%	1,2 M €	-7.4%	1,3 M €	+1.7%	1,2 M €	+4.1%	1,2 M €	+3.9%	1,1 M €	+7.8%	1,1 M €	+244%	308,3 k €	+34.4%	229,4 k €	+32.8%	172,7 k €	-26.0%	233,3 k €	-63.7%	643,4 k €	-12.2%	732,6 k €	-28.0%	1 M €	+16.3%	875,2 k €	+15.6%	757 k €
Total assets	1,9 M €	-24.8%	2,5 M €	-2.7%	2,6 M €	-5.9%	2,7 M €	-2.5%	2,8 M €	-1.7%	2,8 M €	-12.7%	3,2 M €	-10.5%	3,6 M €	+1.8%	3,6 M €	-3.4%	3,7 M €	+60.6%	2,3 M €	+22.0%	1,9 M €	-1.0%	1,9 M €	+4.6%	1,8 M €	-3.5%	1,9 M €	-4.6%	2 M €	+5.0%	1,9 M €	+22.7%	1,5 M €	-8.4%	1,7 M €	+10.4%	1,5 M €
Cash	151 k €	-15.8%	179,3 k €	+107%	86,5 k €	+15.1%	75,2 k €	-64.1%	209,3 k €	-48.9%	409,4 k €	+7.5%	380,6 k €	+4.3%	365 k €	+56.7%	232,9 k €	+9.9%	211,9 k €	+158%	82,2 k €	+45.2%	56,6 k €	-56.1%	129,1 k €	+135%	55 k €	+73.4%	31,7 k €	+59.3%	19,9 k €	-77.9%	89,9 k €	-26.0%	121,5 k €	+306%	29,9 k €	-7.5%	32,4 k €
Debts	1,1 M €	-6.6%	1,1 M €	-9.1%	1,3 M €	-12.6%	1,4 M €	-7.3%	1,5 M €	-6.7%	1,7 M €	-16.0%	2 M €	-17.3%	2,4 M €	+0.7%	2,4 M €	-6.7%	2,5 M €	+106%	1,2 M €	-21.7%	1,6 M €	-5.9%	1,7 M €	+1.6%	1,6 M €	-0.3%	1,6 M €	+24.5%	1,3 M €	+16.1%	1,1 M €	+123%	510,6 k €	-35.7%	793,5 k €	+5.4%	752,9 k €
Other
Workforce	5,0 ETP	+2.0%	4,9 ETP	-10.9%	5,5 ETP	-31.3%	8,0 ETP	-1.2%	8,1 ETP	+1.2%	8,0 ETP	-4.8%	8,4 ETP	+1.2%	8,3 ETP	-12.6%	9,5 ETP	-7.8%	10,3 ETP	+6.2%	9,7 ETP	+14.1%	8,5 ETP	+4.9%	8,1 ETP	-10.0%	9,0 ETP	0.0%	9,0 ETP	0.0%	9,0 ETP	0.0%	9,0 ETP	-4.3%	9,4 ETP	+1.1%	9,3 ETP	+2.2%	9,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 43 ended

Active mandates

AMPLIFICO

Directeur général · since 01 avril 2025 · 1021.432.368

Represented by Patrick VANDEVENNE

Active

Luc GASPARD

Director · since 07 juin 2021 · until 07 juin 2027

Active

Noémie AQUILINA

Director · since 07 juin 2021 · until 07 juin 2027

Active

Patrice BEAUPAIN

Director · since 07 juin 2021 · until 07 juin 2027

Active

Ended mandates

AMPLIFICO

Directeur général · since 01 avril 2025 · until 30 septembre 2025 · 1021.432.368

Represented by Patrick VANDEVENNE

Ended

A B N M CONSULTING SERVICES

Chairman of the board of directors · since 07 juin 2021 · until 24 février 2022 · 0880.568.473

Represented by Diego AQUILINA

Ended

A B N M CONSULTING SERVICES

Chairman of the board of directors · since 07 juin 2021 · until 07 juin 2027 · 0880.568.473

Represented by Diego AQUILINA

Ended

AQUORT CONSULTING SERVICES

Managing director · since 07 juin 2021 · until 10 avril 2025 · 0825.961.532

Represented by Antonio AQUILINA

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2026	11/06/2025	28/06/2024	10/07/2023	14/06/2022	24/06/2021
General meeting	28/06/2026	02/06/2025	03/06/2024	05/06/2023	06/06/2022	07/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	28/06/2026	30/06/2026	French	PDF
Abridged model	31/12/2024	02/06/2025	11/06/2025	French	PDF
Abridged model	31/12/2023	03/06/2024	28/06/2024	French	PDF
Abridged model	31/12/2022	05/06/2023	10/07/2023	French	PDF
Abridged model	31/12/2021	06/06/2022	14/06/2022	French	PDF
Abridged model	31/12/2020	07/06/2021	24/06/2021	French	PDF
Abridged model	31/12/2019	07/09/2020	16/09/2020	French	PDF
Abridged model	31/12/2018	03/06/2019	14/08/2019	French	PDF
Abridged model	31/12/2017	04/06/2018	16/07/2018	French	PDF
Abridged model	31/12/2016	06/06/2017	30/06/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	31/08/2016	French	PDF
Abridged model	31/12/2014	09/06/2015	13/08/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	18/08/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	11/07/2013	French	PDF
Abridged model	31/12/2011	10/05/2012	16/05/2012	French	PDF
Abridged model	31/12/2010	06/06/2011	30/08/2011	French	PDF
Abridged model	31/12/2009	07/06/2010	23/08/2010	French	PDF
Abridged model	31/12/2008	02/06/2009	18/06/2009	French	PDF
Abridged model	31/12/2007	02/06/2008	25/08/2008	French	PDF
Abridged model	31/12/2006	04/06/2007	25/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 43 ended

Active mandates

AMPLIFICO

Directeur général · since 01 avril 2025 · 1021.432.368

Represented by Patrick VANDEVENNE

Active

Luc GASPARD

Director · since 07 juin 2021 · until 07 juin 2027

Active

Noémie AQUILINA

Director · since 07 juin 2021 · until 07 juin 2027

Active

Patrice BEAUPAIN

Director · since 07 juin 2021 · until 07 juin 2027

Active

Ended mandates

AMPLIFICO

Directeur général · since 01 avril 2025 · until 30 septembre 2025 · 1021.432.368

Represented by Patrick VANDEVENNE

Ended

A B N M CONSULTING SERVICES

Chairman of the board of directors · since 07 juin 2021 · until 24 février 2022 · 0880.568.473

Represented by Diego AQUILINA

Ended

A B N M CONSULTING SERVICES

Chairman of the board of directors · since 07 juin 2021 · until 07 juin 2027 · 0880.568.473

Represented by Diego AQUILINA

Ended

AQUORT CONSULTING SERVICES

Managing director · since 07 juin 2021 · until 10 avril 2025 · 0825.961.532

Represented by Antonio AQUILINA

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring08/08/2025
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates19/05/2025
DEMISSIONS, NOMINATIONS
PDF
Restructuring14/05/2025
CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Other11/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS
PDF
Mandates20/02/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates20/02/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates05/01/2018
DEMISSIONS, NOMINATIONS
PDF
Registered office28/10/2016
SIEGE SOCIAL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20258 k €↓
2024
Annual accounts 202444,9 k €↑
2023
Annual accounts 202329,8 k €↓
2022
Annual accounts 202237,5 k €↓
2021
Annual accounts 202165,9 k €↑
2020
Annual accounts 2020-93 k €↓
2019
Annual accounts 201921,1 k €↓
2018
Annual accounts 201848,6 k €↑
2017
Annual accounts 201745 k €↓
2016
Annual accounts 201682,9 k €↓
2015
Annual accounts 2015752,7 k €↑
2014
Annual accounts 201478,9 k €↑
2013
Annual accounts 201356,7 k €↑
2012
Annual accounts 2012-60,6 k €↓
2011
Annual accounts 201139,8 k €↑
2010
Annual accounts 2010-89,2 k €↑
2009
Annual accounts 2009-285 k €↓
2008
Annual accounts 2008142,4 k €↑
2007
Annual accounts 2007138,9 k €↑
2006
Annual accounts 200660 k €
01/01/1968
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Manthydro

Overview

What does Manthydro do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline